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Mar 4, 2014
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has a minimum tax. and is revenue neutral in the long term, but has $150 billion in temporary one-time revenues to come in. what the president suggests doing with that $150 billion is putting it towards the highway and the transportation re-authorization. $63 billion to close the existing financing gap, the hole that exists right now because the gas tax doesn't cover everything, plus an additional $87 billion that would allow virtually $22 billion more a year for jobs, fixing things first, deferred maintenance, investments in the future. this is, again, this should be the type of proposal that is alive for discussion. chairman camp actually in his tax reform proposal devoted a similar amount of resources in the first 10 years to highway re-authorization. again, this is an idea that should be alive and well. and third, in addition to the proposal cecilia mentioned, the job driven skills agenda, the job driven skills agenda, the skills needed to get people the jobs opened that they need that will be opene
has a minimum tax. and is revenue neutral in the long term, but has $150 billion in temporary one-time revenues to come in. what the president suggests doing with that $150 billion is putting it towards the highway and the transportation re-authorization. $63 billion to close the existing financing gap, the hole that exists right now because the gas tax doesn't cover everything, plus an additional $87 billion that would allow virtually $22 billion more a year for jobs, fixing things first,...
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Feb 26, 2014
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a 501-c, that section of the tax code that deals with tax exempt organizations. you have 501-c-3's, able to do get out the vote work, voter registration work, candidate forums. 501-c-4's are where the administration is regulating and that's the source of the scandal, the targeting of american citizens based on their political beliefs, and 501-c-5 those are the labor unions in this country. what folks need to understand is, as we sit here today, all of these groups can do get out the vote work, all these groups can do voter registration work, all these groups can do candidate forums. why? because it advances our republic. it advances the cause of freedom and discourse in america, but this, mr. speaker, is what the administration is proposing. it's proposing for 501-c-5's, labor unions, to continue doing all of that material. for 501-c-3's to continue doing all of that, but the 501-c-4's, the very same 501-c-4s that were targeted by the i.r.s. on the basis of their political beliefs, those groups and those roups alone would be silenced. mr. speaker, america is not
a 501-c, that section of the tax code that deals with tax exempt organizations. you have 501-c-3's, able to do get out the vote work, voter registration work, candidate forums. 501-c-4's are where the administration is regulating and that's the source of the scandal, the targeting of american citizens based on their political beliefs, and 501-c-5 those are the labor unions in this country. what folks need to understand is, as we sit here today, all of these groups can do get out the vote work,...
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Mar 4, 2014
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or some refundable tax credits. today it is 10 million. that's one of the major progressive achievements in which the president has furthered, both in his 2009 budget and then extending those refundable tax credits in 2010 and 2012, up for the next five years and he calls for them to be permanent in his budget. at this would do is it would double the earned income tax credit for childless adults. it would increase the amount. it would keep the phase in longer so people up to $18,000 this. e eligible for in terms of impact, 13.5 million americans would benefit from this. 5.8 million new americans and 7.7 million would get a deeper earned income tax credit. let me give you one specific example. if you are right at the poverty line for an individual, right at the poverty line, that's $11,760. under the current earned income tax credit you would get a $239 eitc. under the president's proposal, you would get $974. it would be four times larger for an individual right at the poverty level. this is something, this is a con
or some refundable tax credits. today it is 10 million. that's one of the major progressive achievements in which the president has furthered, both in his 2009 budget and then extending those refundable tax credits in 2010 and 2012, up for the next five years and he calls for them to be permanent in his budget. at this would do is it would double the earned income tax credit for childless adults. it would increase the amount. it would keep the phase in longer so people up to $18,000 this. e...
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Mar 4, 2014
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i think corporate tax reform, child tax credit -- these are areas of discussion. i think most people on capitol hill believe expectations are low. this is an election year. a budgetl ryan having in the house. if he does not get democrats to support the budget plan, how likely is it republicans can move it on their own party boat? how much dissent will he run into? very: i think that is a tough question for chairman brian right now. when you look at the budget deal passed in december and brought up in the house, 62 republicans defect it on the budget deal. they did not like the compromises or how it was formed. one of the most popular republicans in the house. i would venture to say he has can eventical capital john boehner. he really carries weight with in the house. for someone with that kind of stature in the house on the key budget deal, 62 republican defections shows you how difficult it will be to pass his own budget. we did see this beaker talk about this project. balanced budget, does not have too much in terms of a budget deal or a deal towards compromise,
i think corporate tax reform, child tax credit -- these are areas of discussion. i think most people on capitol hill believe expectations are low. this is an election year. a budgetl ryan having in the house. if he does not get democrats to support the budget plan, how likely is it republicans can move it on their own party boat? how much dissent will he run into? very: i think that is a tough question for chairman brian right now. when you look at the budget deal passed in december and brought...
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Mar 5, 2014
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and he would pay for it with revenue from tobacco taxes. a great idea. similarly he would take $4 billion in subsidies we give the oil and gas industry, invest it in new cleaner alternative energy. he takes $300 billion and invest it in surface infrastructure. i was just over in uzbekistan this month, they have a faster, more modern rail system than we do as does china. those are the kind of good ideas that could move this country forward that this congress should embrace. thank you, mr. speaker. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentleman from california rise. without objection, the gentleman s recognized for one minute. >> thank you, mr. speaker. i rise today to remember and ask this house to adjourn in the memory of a dear friend from rich vail, california. mr. howl, who passed away on january 29. mr. lamalfa: he was a long time community leader, early in his life he served in our united states air force in world war ii. he was born in chesterfield, idaho, later moving to kingsburg in central valley,
and he would pay for it with revenue from tobacco taxes. a great idea. similarly he would take $4 billion in subsidies we give the oil and gas industry, invest it in new cleaner alternative energy. he takes $300 billion and invest it in surface infrastructure. i was just over in uzbekistan this month, they have a faster, more modern rail system than we do as does china. those are the kind of good ideas that could move this country forward that this congress should embrace. thank you, mr....
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Feb 26, 2014
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speaker, this republican tax plan, radical tax plan will for the first time tax workers for their health insurance benefits that they are provided through their job and taxed previously untaxed social security income. the question again is, whose side are they on? with that, mr. speaker, i'd like to yield three minutes to the gentleman from new jersey, my friend, mr. bill pascrell. the speaker pro tempore: the gentleman from new jersey is recognized for three minutes. mr. pascrell: thank you, mr. speaker. have the greatest respect for sincerely the good doctor. i think he's a reasonable man, a good person. but when you're explaining, you're losing. i rise in strong opposition to this legislation. after we learned last year about the inexcusable way the i.r.s. evaluated applications for tax-exempt status -- because that's what is at the heart of this issue -- i was hopeful we could have a bipartisan response. after all, it was not only conservative groups, as you've heard, that had their applications sing naled out simply because of words -- signaled out simply because of words tea party,
speaker, this republican tax plan, radical tax plan will for the first time tax workers for their health insurance benefits that they are provided through their job and taxed previously untaxed social security income. the question again is, whose side are they on? with that, mr. speaker, i'd like to yield three minutes to the gentleman from new jersey, my friend, mr. bill pascrell. the speaker pro tempore: the gentleman from new jersey is recognized for three minutes. mr. pascrell: thank you,...
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Feb 28, 2014
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are they paying taxes? there's been studies to show they pay some, they might not be paying others. we need to fix this. i've gone to town halls in the most conservative parts of my district and i say, is there anybody here who thinks immigration system is working great? i haven't met a single constituent who does. they want it fixed. they want to make sure that people are required to get right with the law and get in line behind people who did it the right way and are already in line for an eventual green card or citizenship. that's exactly what the bipartisan bill proposes. it provides a way that people can register with the law, mandatory workplace authentication to ensure that anybody who gets a job going forward has at least a provisional status that allows them to have that job. only about -- under 10 pk%, i think it's 8 -- 10%, i think it's 8% or 9% of companies in this country use e-verify. we need to improve e-verify. we need to make sure there's money in the bill to make sure it's correct. and we immediate to make it mandatory -- and we need to make it mandatory. an get in
are they paying taxes? there's been studies to show they pay some, they might not be paying others. we need to fix this. i've gone to town halls in the most conservative parts of my district and i say, is there anybody here who thinks immigration system is working great? i haven't met a single constituent who does. they want it fixed. they want to make sure that people are required to get right with the law and get in line behind people who did it the right way and are already in line for an...
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it would increase taxes by over a trillion dollars. in the worst economic slowdown anyone can remember. explode spending by $790 billion, forcing us to borrow more money. towould do almost nothing address the most serious threats facing our children's threats. it doesn't even come close to balancing this year. president felt the left would love it. here is my question for the president. what about the middle class? what is in it for them? it seemed like the president has given up on folks were in the middle. folks who think washington doesn't take their concerns and anxieties into consideration. what hope is he giving them? that their wages will start going up instead of down? let's in this budget -- what is in this budget except the nagging feeling of getting squeezed? spent sixent has years trying to fix the economy and tax and spend and regulate our way to prosperity. just as his yell at you demands. -- ideology demands. this doesn't work. 009 -- allowing them to get by. sameing down on the policies that will not work. that is exact
it would increase taxes by over a trillion dollars. in the worst economic slowdown anyone can remember. explode spending by $790 billion, forcing us to borrow more money. towould do almost nothing address the most serious threats facing our children's threats. it doesn't even come close to balancing this year. president felt the left would love it. here is my question for the president. what about the middle class? what is in it for them? it seemed like the president has given up on folks were...
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Feb 26, 2014
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it includes the tax of the all economic regulations are transparent act. this legislation, madam chair woman is unnecessarily burdensome for agencies. agencies are already required to provide status updates twice a year on their plans for proposing and finalizing rules pursuant to the regulatory flexibility act and executive order 12866. this legislation would require agencies to report monthly. they are already required to report twice a year. this takes them to monthly. it's incredibly burdensome on agencies, but the most egregious provision in title 1 would prohibit agency rules from taking effect until the office of information and regulatory affairs required by the bill online for at least six months. from the notice and comments requirements of the administrative procedure act or if the president issues an executive order, therefore it delays most regulations by an additional six months. and i think we can all agree that transparency in the rulemaking process is a good thing, but this bill sacrifices common sense in the name of improving transparency
it includes the tax of the all economic regulations are transparent act. this legislation, madam chair woman is unnecessarily burdensome for agencies. agencies are already required to provide status updates twice a year on their plans for proposing and finalizing rules pursuant to the regulatory flexibility act and executive order 12866. this legislation would require agencies to report monthly. they are already required to report twice a year. this takes them to monthly. it's incredibly...
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Feb 27, 2014
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income tax. we need to cut the corporate rate to a real 25% and collapse the current six tax brackets to just two at 10% and 25%. we need to cut the capital gains tax, eliminate the inheritance tax. mr. williams: we need an improved r&d tax credit. and with these cuts we mood tone sure that hard-earned taxpayer tchars taken by the i.r.s. are no longer subject to waste, fraud, and abuse. in the end it's about simplifying and enabling businesses to compete worldwide putting more money into american's wallets creating cash flow and opportunity for america. it's a winning formula, it's worked before, let's try it again. in god we trust, i yield back. the speaker pro tempore: for what purpose does the gentleman from michigan sec recognition? >> i ask unanimous consent to address the house for one minute. the speaker pro tempore: without objection, the gentleman is recognized for one minute. >> thank you, mr. chairman. yesterday, i signed a discharge petition in an effort to force an up or down vote on
income tax. we need to cut the corporate rate to a real 25% and collapse the current six tax brackets to just two at 10% and 25%. we need to cut the capital gains tax, eliminate the inheritance tax. mr. williams: we need an improved r&d tax credit. and with these cuts we mood tone sure that hard-earned taxpayer tchars taken by the i.r.s. are no longer subject to waste, fraud, and abuse. in the end it's about simplifying and enabling businesses to compete worldwide putting more money into...
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Mar 6, 2014
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that is a future tax on them. we are putting your retirement security at risk and our children's retirement security at risk. we have to reform these programs so they protect you and them. it is not one generation. i am cautious about putting one generation against another. host: how will you vote when the house votes on a $1 billion aid package to you crying? guest: -- to ukraine. guest: i will support it, it is a loan program. it says the correct message. host: is it adequate? good first step. the eu did $15 billion. it keeps us involved in the negotiations and is important. the: lots of stories in newspaper. "the new york times" and "wall street journal, go putting pressure on the u.s. to expedite the exporting of our natural gas. help ease europe off of their dependence on russia and put more pressure on russia. guest: if they are buying gas or oil from the u.s. or any place in this hemisphere, that will reduce revenue going into the russian treasury, which will put pressure on because russia is a big exporter
that is a future tax on them. we are putting your retirement security at risk and our children's retirement security at risk. we have to reform these programs so they protect you and them. it is not one generation. i am cautious about putting one generation against another. host: how will you vote when the house votes on a $1 billion aid package to you crying? guest: -- to ukraine. guest: i will support it, it is a loan program. it says the correct message. host: is it adequate? good first...
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Feb 27, 2014
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make ends meet during these hard economic times should also not have to worry about their hard-earned tax dollars being spent so recklessly and irresponsibly by government agencies. we've recreptly learned that the federal reserve's inspector general opened up an investigation to fipe out why a rep veags to the cfpb's headquarters sty rocketed from $55 million to $145 million in under two years. this reckless waste is one of the most dangerous kinds of government abuse. the american workers' pocketbooks are not washington's a.t.m. machine. the bill before us today provides solutions to these problems with important structural change this is a will place the levers of pow for the a bipartisan panel as opposed to a single director, while subjecting the cfpb to the regular appropriations and oversight processes guaranteeing more accountability. this is an opportunity for us to show the american people that we are committed to restoring the trust in government. by passing these commonsense reforms in a bipartisan fashion we can hold washington more accountable to the people we are supposed to
make ends meet during these hard economic times should also not have to worry about their hard-earned tax dollars being spent so recklessly and irresponsibly by government agencies. we've recreptly learned that the federal reserve's inspector general opened up an investigation to fipe out why a rep veags to the cfpb's headquarters sty rocketed from $55 million to $145 million in under two years. this reckless waste is one of the most dangerous kinds of government abuse. the american workers'...
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Feb 27, 2014
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tax code and collapses seven tax brackets into two. it also says that the joint committee on taxation estimates the plan would create up to 1.8 million new jobs, boost growth domestic product and increase the income of an average family. among other provisions, he said it was sure the depleted highway 126 .5 billion of dedicated funds. tax long-term capital gains and dividends as ordinary income. democrats have often decried that particular exemption as a giveaway to the rich. in the editorial pages this dave camp's plan would yield $700 billion in extra dynamic resident -- revenue. weaknesses in the plans are due to trying to offer something that might attract a democratic president and senate. republicans are skeptical, believing they can coast to gains in november by attacking obamacare. on mr.nt to avoid voting camp's plan in the house. they need a positive agenda, especially for lifting growth and incomes. the gop has made clear it is for cutting deficits and now it needs to restore his reputation as the growth party. mr. camp's p
tax code and collapses seven tax brackets into two. it also says that the joint committee on taxation estimates the plan would create up to 1.8 million new jobs, boost growth domestic product and increase the income of an average family. among other provisions, he said it was sure the depleted highway 126 .5 billion of dedicated funds. tax long-term capital gains and dividends as ordinary income. democrats have often decried that particular exemption as a giveaway to the rich. in the editorial...
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Mar 5, 2014
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tax, tax, tax and the medicaid. sometimes i paid a lot. i work two jobs at one time. i got disabled two months before my 60th birthday. i thought i was going to work until the day i died. i body fell apart. all of that money we paid in, ask the democrats about. it was the democratic presidents that pulled out of social security to keep the government open. it seems like everything comes out of social security. the other thing, medicaid. of people that are underprivileged. i understand that. ofhave hundreds of thousands illegal immigrants that are on this, even on obamacare. "the washington post where did you learn that? host: where did you learn that? how do you budget more than you take him? he is weighing in on the budget proposal. kim, davenport, iowa. caller: the bottom line of this whole thing is not looking at -- when looking at the transportation part of it. building bridges to nowhere, yes it gives us jobs. we have three prisons in the united states that were never open. was 13 yearsar us never open because they built it with federal money. they could not affo
tax, tax, tax and the medicaid. sometimes i paid a lot. i work two jobs at one time. i got disabled two months before my 60th birthday. i thought i was going to work until the day i died. i body fell apart. all of that money we paid in, ask the democrats about. it was the democratic presidents that pulled out of social security to keep the government open. it seems like everything comes out of social security. the other thing, medicaid. of people that are underprivileged. i understand that....
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Feb 27, 2014
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. >> coming up tonight on c-span, house means chairman dave camp introduces his tax reform proposal. after that, president
. >> coming up tonight on c-span, house means chairman dave camp introduces his tax reform proposal. after that, president
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Mar 2, 2014
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to get fair taxes. we actually believed the things that the republican party stood for. that too is our big crime. they called us the bad boy republicans. now, to be referred to as a tea party patriot makes my life a lot easier. my wife did not like the bad boy republican thing. i want you to know what brought me back because i left for 12 years. i kept my term limit pledge. i never thought i would come back again. when i left, we had balanced the budget for the first time in 40 years. in 1998 we balance the budget. the year i left, in 2000, we have a $247 billion surplus. the federal budget was $1.7 trillion. fast forward 12 years, i see what happened 2010, with you glorious patriots standing up and fighting against the most to radical -- tyrannical president that we have ever had in the history of america. my juices just are flowing. i get energized. these patriots were on the mark. in 2012, i decided to come back and run again. i believe, with all my heart, that this movement is growing. you have heard from folks in the media, the liberals, we refer to it as the mains
to get fair taxes. we actually believed the things that the republican party stood for. that too is our big crime. they called us the bad boy republicans. now, to be referred to as a tea party patriot makes my life a lot easier. my wife did not like the bad boy republican thing. i want you to know what brought me back because i left for 12 years. i kept my term limit pledge. i never thought i would come back again. when i left, we had balanced the budget for the first time in 40 years. in 1998...
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Mar 6, 2014
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taxes by shifting their intellectual property to tax havens. the loopholes that allow the hedge fund managers to be paying half of the tax rate that people who work for them pay. there are some unjustified tax loopholes in this tax code which we should close even if we had no deficit. given the fact we have real needs including security needs, which we much fun -- must fund adequately, there are places we can fund it. $26 billion for defense and 56 billion dollars overall so i hope we take the leap the administration has given us on this budget and fund the full 56 billion dollars. there will be differences how and whether we should do it. it seems to me to be absolutely clear that we need some bipartisan cooperation in order to achieve that. you three have been terrific in terms of your patients and we are grateful for your s ervice. smileary hale has a big on your face. we now stand adjourned with our thanks. [captions copyright national cable satellite corp. 2014] [captioning performed by national captioning institute] >>>> secretary of stat
taxes by shifting their intellectual property to tax havens. the loopholes that allow the hedge fund managers to be paying half of the tax rate that people who work for them pay. there are some unjustified tax loopholes in this tax code which we should close even if we had no deficit. given the fact we have real needs including security needs, which we much fun -- must fund adequately, there are places we can fund it. $26 billion for defense and 56 billion dollars overall so i hope we take the...
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Mar 4, 2014
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i think corporate tax reform, child tax credit -- these are areas of discussion. i think most people on capitol hill believe expectations are low. this is an election year. a budgetl ryan having in the house. if he does not get democrats to support the budget plan, how likely is it republicans can move it on their own party boat? how much dissent will he run into? very: i think that is a tough question for chairman brian right now. when you look at the budget deal passed in december and brought up in the house, 62 republicans defect it on the budget deal. they did not like the compromises or how it was formed. one of the most popular republicans in the house. i would venture to say he has can eventical capital john boehner. he really carries weight with in the house. for someone with that kind of stature in the house on the key budget deal, 62 republican defections shows you how difficult it will be to pass his own budget. we did see this beaker talk about this project. balanced budget, does not have too much in terms of a budget deal or a deal towards compromise,
i think corporate tax reform, child tax credit -- these are areas of discussion. i think most people on capitol hill believe expectations are low. this is an election year. a budgetl ryan having in the house. if he does not get democrats to support the budget plan, how likely is it republicans can move it on their own party boat? how much dissent will he run into? very: i think that is a tough question for chairman brian right now. when you look at the budget deal passed in december and brought...
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Feb 26, 2014
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tax revenues without raising taxes. when we produce more energy from all sources then we consume, we are energy secure. and economicob benefits that go with it. that is the right approach, rather than the idea that we will have these regulations that prevent the private investment that gets new technologies deployed that produces more energy from all sources, but do it with better environmental stewardship. host: gloria, pieper city, illinois. good morning. caller: i find mr. hoven's ability to quote how much crude piped through -- the line just rolls off the tongue, but he cannot say how much is exported. it seems questionable. lpg, liquefied petroleum gas, 74,000 barrels at the beginning of last year and 486,000 barrels at the end of the year. that was exported. as this was exported, the price that we paid went from $2.21 to $6.39. sure i followt the last part of the question, but as to the first part, in regards to me stating specifically how much oil or refined products are exported, the point i am making is we are
tax revenues without raising taxes. when we produce more energy from all sources then we consume, we are energy secure. and economicob benefits that go with it. that is the right approach, rather than the idea that we will have these regulations that prevent the private investment that gets new technologies deployed that produces more energy from all sources, but do it with better environmental stewardship. host: gloria, pieper city, illinois. good morning. caller: i find mr. hoven's ability to...
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Mar 6, 2014
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the first thing it does is it would provide a $25 tax credit, what we're calling the my voice tax credit, the $25 refundable tax credit to any american that makes a contribution to a congressional campaign in each of the two years of the election cycle. now, why do we do that? well, if you look at the numbers right now, you will see that a very small percentage of americans actually participate in the funding of campaigns. the funding is dominated by a small group that tend to be the more wealthy citizens in society, and ordinary americans out there are not getting into the role of helping to power campaigns on the funding side. we want to encourage them to do that. we want to say to those citizens who want to support a good candidate who is turning to them and listening to their concerns, we want to say to those citizens, if you're willing to put $15 or $20 or $25 behind that candidate who stands for the right thing, we'll help you do that. we'll provide this tax credit to make it a little bit easier for you to step up and be part of the solution. so the my voice tax credit does exactly
the first thing it does is it would provide a $25 tax credit, what we're calling the my voice tax credit, the $25 refundable tax credit to any american that makes a contribution to a congressional campaign in each of the two years of the election cycle. now, why do we do that? well, if you look at the numbers right now, you will see that a very small percentage of americans actually participate in the funding of campaigns. the funding is dominated by a small group that tend to be the more...
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Mar 1, 2014
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she supported higher taxes, too. more taxes on water and tv. alex sink -- another tax spender can'tlorida can afford -- afford. host: are those the kind of ads we will be seeing more of around the country and the rest of the 2014 field? guest: the classic cookie-cutter republican ad. alex sink being tied to obama care. against simply run obama care in 2014. campaigns matter and candidates matter. putting forward a diffuse message with a lot of attacks is a little effective -- a little less affective. host: let's talk about the ad against jolly's campaign. [video clip] >> the spent millions on david jolly. to let insurance companies charge women more than men and deny coverage for pre-existing conditions. jolly praised the plan ending medicare plus guarantee, forcing seniors to negotiate with insurance companies. they profit, we pay the price. at the democratic national campaign is is possible for the content of this advertising. c runningsee that dcc on the affordable care act. guest: david jolly has billed himself as the county candidate runni
she supported higher taxes, too. more taxes on water and tv. alex sink -- another tax spender can'tlorida can afford -- afford. host: are those the kind of ads we will be seeing more of around the country and the rest of the 2014 field? guest: the classic cookie-cutter republican ad. alex sink being tied to obama care. against simply run obama care in 2014. campaigns matter and candidates matter. putting forward a diffuse message with a lot of attacks is a little effective -- a little less...
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Feb 28, 2014
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property taxes go up at the local level. state income taxes go up there. all because we believe that we know what is best here in washington, d.c., on how to implement rules and regulations. mr. speaker, i would suggest that during the first term of the obama administration we saw a 10% increase in regulatory budgets. now, that's a 10% increase in regulatory budgets when the average american hardworking taxpayer saw their budgets go down. there's something wrong with this, mr. speaker, and as we start to look at that, there was a study in 2011, a study in 2011 that said with each 5% reduction in regulatory process, you can create 1.2 million jobs. well, mr. speaker, we have a problem with creating jobs here, and this is a commonsense solution to rein in what is happening here in washington, d.c., and allow that control to go back to the states and local governments. so the bottom line, mr. speaker, is this. to vote against this is a vote against that says we know better how to do business here in washington, d.c., than the elected officials in state and co
property taxes go up at the local level. state income taxes go up there. all because we believe that we know what is best here in washington, d.c., on how to implement rules and regulations. mr. speaker, i would suggest that during the first term of the obama administration we saw a 10% increase in regulatory budgets. now, that's a 10% increase in regulatory budgets when the average american hardworking taxpayer saw their budgets go down. there's something wrong with this, mr. speaker, and as...
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Mar 5, 2014
03/14
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families as the employer mandate tax is for our businesses. i believe that individuals and families deserve the same sort of delay, so on behalf of my constituents in indiana's ninth district and on behalf of all of yours, i encourage all of my colleagues to support this bill and to support simple fairness. i yield back the balance of my time. the speaker pro tempore: the gentleman yields back. the gentleman from washington is recognized. mr. mcdermott: madam speaker, i yield three minutes to the gentleman from oregon, mr. blumenauer. -- speaker pro tempore: mr. mcdermott: i give three minutes to mr. davis from chicago first. the speaker pro tempore: the gentleman from illinois is recognized for three minutes. mr. davis: thank you, madam speaker. and i rise in strong opposition h.r. 4118, the 50th vote to repeal the health care act which passed and implemented with decreased coverage and increase the number of people who are not insured by as much as 11 million people in this country. it's unbelievable that we would be on the floor voting for
families as the employer mandate tax is for our businesses. i believe that individuals and families deserve the same sort of delay, so on behalf of my constituents in indiana's ninth district and on behalf of all of yours, i encourage all of my colleagues to support this bill and to support simple fairness. i yield back the balance of my time. the speaker pro tempore: the gentleman yields back. the gentleman from washington is recognized. mr. mcdermott: madam speaker, i yield three minutes to...
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Feb 26, 2014
02/14
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he would do away with a lot of safer tax breaks, as you know. this is something that has made most republicans very uneasy. they do not want to have attention drawn to anything that controversial. i would say the chances of tax reform this year are at best 10%. i'm being generous to even say that. next year with all ryan as head of the ways and means committee, things could change. then there is immigration. being an optimist who would like to see a bill, i think there is a chance that things could get a little more serious after the primaries. midsummer, when so many republicans are going to look over their shoulder to a right-wing challenger, i think immigration is totally off the table as an issue that could move. minimum wage -- i don't see that at all. congressional budget office which everyone likes to eat up on now has concluded that it could cost jobs. i think minimum wage is an issue for the states, not an issue that will move in congress. by the way, with each passing day, i think chances have diminished that you can get an extension o
he would do away with a lot of safer tax breaks, as you know. this is something that has made most republicans very uneasy. they do not want to have attention drawn to anything that controversial. i would say the chances of tax reform this year are at best 10%. i'm being generous to even say that. next year with all ryan as head of the ways and means committee, things could change. then there is immigration. being an optimist who would like to see a bill, i think there is a chance that things...
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Mar 3, 2014
03/14
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as a regular business, my overhead is high and in new york, i have high taxes. it is fiscally responsible to drop health care altogether. to find a way that i can keep my employees with health insurance but shopping the marketplace, it's better for them. i know the quality of health care will go down because we have very good health insurance but i am stuck in between keeping my doors open and taking care of my employees. where does someone go from there? host: when do you have to make a final decision? guest: i have to make a decision by december. i have started shopping and have spoken to a couple of other small businesses in the area about possibly coming together. new york does not allow you to do that and create consortiums. we have to create a larger parent company and then we would become subsidiaries of a larger company. that is something i don't want to deal with. i would religious control of my business. -- i would relinquish control of my business. guest: new york state is running its own exchange, have you looked at the options on the new york state
as a regular business, my overhead is high and in new york, i have high taxes. it is fiscally responsible to drop health care altogether. to find a way that i can keep my employees with health insurance but shopping the marketplace, it's better for them. i know the quality of health care will go down because we have very good health insurance but i am stuck in between keeping my doors open and taking care of my employees. where does someone go from there? host: when do you have to make a final...
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Mar 3, 2014
03/14
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tea am the chairman of a party caucus in the house of representatives and for -- and formal federal tax litigation attorney for the irs. >> i think they are afraid of michele bachmann. demo that is why you are here today. >> forbes magazine and released the list of 100 most powerful women. michele bachmann is number 20. a michele bachmann is fundraising powerhouse. >> she was doing the tea party thing before tea parties were doing tea parties. she knows what she believes in. need to bring government back to you. that is the government our founding fathers gave us. stand strong, hold them accountable. >> i'm not going away. these well, congressman -- congresswoman michele bachmann. >> good morning. >> good morning. good to see you. good morning. it is so great to see you. are we having a good time? i'm so excited. i just have to let you know a head of time i cannot stay long by the i being audited irs. you know exactly what i am talking about. i am here today to say thank you americawhat you did for is stellar. it was life changing to the lifeblood of this nation. you and the movement we
tea am the chairman of a party caucus in the house of representatives and for -- and formal federal tax litigation attorney for the irs. >> i think they are afraid of michele bachmann. demo that is why you are here today. >> forbes magazine and released the list of 100 most powerful women. michele bachmann is number 20. a michele bachmann is fundraising powerhouse. >> she was doing the tea party thing before tea parties were doing tea parties. she knows what she believes in....
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Mar 3, 2014
03/14
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CNNW
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and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com millions have raised their hand for the proven relief of the purple pill. and that relief could be in your hand. for many, nexium helps relieve heartburn symptoms from acid reflux disease. find out how you can save at purplepill.com. there is risk of bone fracture and low magnesium levels. side effects may include headache, abdominal pain, and diarrhea. if you have persistent diarrhea, contact your doctor right away. other serious stomach conditions may exist. avoid if you take clopidogrel. for many, relief is at hand. ask your doctor about nexium. "stubborn love" by the lumineers did you i did. email? so what did you think of the house? did you see the school ratings? oh, you're right. hey babe, i got to go. bye daddy! have a good day at school, ok? ...but what about when my parents visit? ok. i just love this one... and it's next to a park. i love it. i love it too. here's our n
and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com millions have raised their hand for the proven relief of the purple pill. and that relief could be in your hand. for many, nexium helps relieve heartburn symptoms from acid reflux disease. find out how you can save at purplepill.com. there is risk of bone fracture and low magnesium levels. side effects...
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Mar 2, 2014
03/14
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CSPAN
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eye 137
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there has been tax increases, obamacare alone has been increasing taxes. secondly, college tuition is going up dramatically. up,cost of college is going one of the few things that people can do to educate their distancenvestigate learning or internet universities because the cost of college is really going through the roof. student loans are dealt completely controlled by the federal government. people are going to be saddled with debt for 10, 15, 20 years. at thenot want to look cost of college heavy want to look at why so expensive? that is an answer that glenn reynolds, in his recent book about higher education points out. areas wherely two productivity continues to decline in american public life. health care, productivity is still going down, and higher education. we get less for our money than ever before in higher education. iter people are educated, takes longer, and administrators take up more of the money rather than teachers in the closser. it is appalling. we need to reform our higher education, but it do not see whole blaming the tea party for
there has been tax increases, obamacare alone has been increasing taxes. secondly, college tuition is going up dramatically. up,cost of college is going one of the few things that people can do to educate their distancenvestigate learning or internet universities because the cost of college is really going through the roof. student loans are dealt completely controlled by the federal government. people are going to be saddled with debt for 10, 15, 20 years. at thenot want to look cost of...
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Mar 6, 2014
03/14
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CSPAN
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eye 149
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during that period of time there were four environmental studies done and, look, our tax dollars are limited. four environmental studies that had to be redone from start to finish because they became too old. they became outdated. that's money that's wasted. wasted. we can't afford to waste money or time or lives in making this economy better and creating jobs. i will in just a minute. if i have time left. i'd be glad to. 1998 e, this project in began to receive authorization and funding but it just started this month. these were people, constituents, not only those people living in central and north alabama whose commute was longer, people traveling through alabama. and i will submit the remainder of my remarks. i want to thank the gentleman from pennsylvania. the chair: the gentleman is recognized for an additional one minute. mr. bachus: thank you. i want to thank the gentleman from pennsylvania, mr. marino, for introducing this legislation. it will reduce the time it takes to review new construction projects and ensure that the permitting process is not endlessly held up in court
during that period of time there were four environmental studies done and, look, our tax dollars are limited. four environmental studies that had to be redone from start to finish because they became too old. they became outdated. that's money that's wasted. wasted. we can't afford to waste money or time or lives in making this economy better and creating jobs. i will in just a minute. if i have time left. i'd be glad to. 1998 e, this project in began to receive authorization and funding but it...
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Mar 1, 2014
03/14
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country, the 11.5 million or so who go through a background check are held accountable, who pay their taxes and do whatever the law requires them to do should be eligible to be put on the path of citizenship? >> i apologize, but i have a very short period of time. >> i am concerned about refugee relocation. we are get august lot of these refugees to my home state of georgia. i am not sure these refugees are being betted as thoroughly as they should be. there are a lot of people who want to do harm to americans. i would like to work with you on this issue. i think this is a very dangerous issue of our accepting these refugees into this country and not having someway of monitoring them. i think we are getting too many, and these people are being forced upon american citizens in a way that a is going to be dangerous for our own homeland security. i am also very concerned about the abu dhabi pre clearance that was suggested. we have seen tsa allow people who are on the no fly list get on airplanes. tsa is not in itself prevented one terrorist attack. every terrorist attack way have seen -- atta
country, the 11.5 million or so who go through a background check are held accountable, who pay their taxes and do whatever the law requires them to do should be eligible to be put on the path of citizenship? >> i apologize, but i have a very short period of time. >> i am concerned about refugee relocation. we are get august lot of these refugees to my home state of georgia. i am not sure these refugees are being betted as thoroughly as they should be. there are a lot of people who...
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Feb 26, 2014
02/14
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CSPAN2
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eye 75
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this tax totals $8 billion this year, and increases by over 40% to $11.3 billion in 2015. so certainly reducing affordability in terms of the cost of premiums. due to this tax, a family purchasing coverage in the individual market this year will pay an additional $270 for the premiums and businesses will pay an additional $360 for each family they cover. we believe this tax should be repealed or at least delayed to ensure that coverage is more affordable, as we continue to implement the affordable care act. health plans have worked aggressively to implement new tools to hold down costs. one way they've done this is through a development of networks as a choice for individuals who are purchasing coverage. high-value networks keep premiums affordable by creating financial incentives to encourage utilization of higher value treatments and services such as through evidence-based care and lower utilization of unnecessary treatments. high value provider networks are currently designed in two ways. first there's the use of tiers of health care providers based on specific performa
this tax totals $8 billion this year, and increases by over 40% to $11.3 billion in 2015. so certainly reducing affordability in terms of the cost of premiums. due to this tax, a family purchasing coverage in the individual market this year will pay an additional $270 for the premiums and businesses will pay an additional $360 for each family they cover. we believe this tax should be repealed or at least delayed to ensure that coverage is more affordable, as we continue to implement the...
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Mar 6, 2014
03/14
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it has raised taxes. $550 billion annually. it has increased entitlement spending with the obama care entitlements. it has run up record number of deficits. you are doing the opposite and having the opposite results. the revenue ratios are the same as the clinton administration's. >> he was reducing spending. swroo we are -- >> discretionary. >> yeah. >> we are talking about the entire budget which brings me to the final question. you propose no reforms. i'm curious how you plan on doing that? >> the trillion dollars that occurs has been implementation. >> we have to keep this thing runs. miss lee. >> thank you very much. i apologized. i had another meeting. things got dhchanged around. i tonight believe anyone has asked you yet about the oversass account. i believe this is a so called police station holder at this point. >> there are strategies as it relates to the draw down in afghanistan. i'm very concerned that the oco has become a slush fund of wasteful spending. the pentagon reserved money even though most troops are comi
it has raised taxes. $550 billion annually. it has increased entitlement spending with the obama care entitlements. it has run up record number of deficits. you are doing the opposite and having the opposite results. the revenue ratios are the same as the clinton administration's. >> he was reducing spending. swroo we are -- >> discretionary. >> yeah. >> we are talking about the entire budget which brings me to the final question. you propose no reforms. i'm curious how...
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Feb 26, 2014
02/14
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the tax reporter for politico joins us from capitol hill. what are some of the things we know already about the proposal that chairman campbell announced >> it appears that dave camp is able to fulfil his goal of reducing the income tax rate for individuals to about 25%. we are hearing a lot of discussion about a big tax on big financial institutions and banks that could raise about $50 billion. we are also hearing different -- right now is rumor mill appear. k street is exploding with different rumors, will be on the base tax and rates you're hearing capital gain tax is -- about 40 percent of those will be exempted. lowering rates. there will be a surtax on the nation's wealthiest turner's to raise some revenue. so a lot of different -- different proposals coming of ways and means today and coming out of k-treat them those the scene analysis are seen the draft. >> what i you hearing from rank-and-file members, democrats and republicans, how are they greeting the news of a potential tax reform package? >> well, jake sherman then i reported t
the tax reporter for politico joins us from capitol hill. what are some of the things we know already about the proposal that chairman campbell announced >> it appears that dave camp is able to fulfil his goal of reducing the income tax rate for individuals to about 25%. we are hearing a lot of discussion about a big tax on big financial institutions and banks that could raise about $50 billion. we are also hearing different -- right now is rumor mill appear. k street is exploding with...
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Feb 26, 2014
02/14
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ALJAZAM
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there is a 25% tax bracket, and then on top of that there is a sur tax. the sur tax would go to people making more than $450,000. oh those sorts of things do not make republicans happy and democrats jump at it i think there is a tax on big wall street tax as well. >> yes, indeed there is. they'll be taxed under the camp plan. there are things in here that would not make republicans happy. what they would like to do, the republicans, is to be able to say we reformed the tax code because that plays well for everyone. >> and given that there is nothing on immigration and now tax reform. are we watching, witnessing complete paralysis in washington? >> that would really be a change, wouldn't it? you know, yes, we are it's an election year again. it doesn't matter if it's an election year any more because things don't get done in congress. they have big issues before them from immigration, and the expedited trade agreement approval that they could give congress and the president. those sorts of things are not going to happen. minimum wage increase not going to
there is a 25% tax bracket, and then on top of that there is a sur tax. the sur tax would go to people making more than $450,000. oh those sorts of things do not make republicans happy and democrats jump at it i think there is a tax on big wall street tax as well. >> yes, indeed there is. they'll be taxed under the camp plan. there are things in here that would not make republicans happy. what they would like to do, the republicans, is to be able to say we reformed the tax code because...
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Feb 28, 2014
02/14
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the costs are going up as well because washington put a new tax on medical twices like a dental crown, knee replacement, or pacemaker so right when they are getting hit with medical bills they'll get hit with a new tax as well. what a great idea. the problem is this government has grown and grown over decades. it is time to turn this around. now is the moment to guff the miles per hour people back what they need back. that is freedom from the ongoing regulation. the speaker pro tempore: the gentleman's time has expired. without objection the previous question is ordered on the motion to recommit. the question is on the motion. so many as are in favor say aye. those opposed, no. the noes have it. the gentleman from florida. recorded vote has been requested. those favoring a recorded vote will rise and be counted a. a sufficient number having arisen, a recorded vote is ordered. this five-minute vote on motion to recommit will be followed by a five-minute vote on passage if ordered. this is a five-minute vote. [captioning made possible by the national captioning institute, inc., in coope
the costs are going up as well because washington put a new tax on medical twices like a dental crown, knee replacement, or pacemaker so right when they are getting hit with medical bills they'll get hit with a new tax as well. what a great idea. the problem is this government has grown and grown over decades. it is time to turn this around. now is the moment to guff the miles per hour people back what they need back. that is freedom from the ongoing regulation. the speaker pro tempore: the...
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Mar 4, 2014
03/14
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MSNBCW
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credit and closes tax loopholes for wealthy investors. you can stay tuned on this show with a real power broker insider but first, you can also start weighing in right now with us because today's battle of the day is on whether you think president obama's proposals can help level the playing field. you weigh in again through hash tags as usual. today's are rfd level. if you think this proposal could work. or rfd no change. we'll be updating you and sharing your responses all through today's show. also coming up on the show, there's been emotional testimony at the trial of oscar pistorius, our panel of experts weigh in. the 2014 election season is kicking off where wendy davis is slamming her republican rival, greg abbott. >> already referred to the southern part of texas, the border communities of texas -- >> where we are right now. >> as third world. >> i went to texas to catch up with davis and got surprisingly frank fighting words from her and her opponent. that's all coming up next. ♪ geico motorcycle. see how much you could save. i
credit and closes tax loopholes for wealthy investors. you can stay tuned on this show with a real power broker insider but first, you can also start weighing in right now with us because today's battle of the day is on whether you think president obama's proposals can help level the playing field. you weigh in again through hash tags as usual. today's are rfd level. if you think this proposal could work. or rfd no change. we'll be updating you and sharing your responses all through today's...
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Feb 27, 2014
02/14
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FBC
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and pay no taxes fo yrs. with new jobs, new opportunities d a new tax free plan. there's only one way for your business to go. up. find out if your businessy can qualify at start-upny.com neil: yesterday we discovered a story about how american airlines has quieted ended bereavement fares. flyers who need a last minute flight because of a family member's death now have to pay full price, the media is catching up to sorry "l.a. times" we broke the story first, you viewersa the home, this is network you watch to get it first, fewer soldiers, more labels, that sums up where financial priorities lie in washington these days, president moving back to roll troop levels to where they were before world war ii, yet celal kating millions, we super size spending on almost everything else. first on military matter, good thing in bad thing? >> remember ronald reagan. strategy of the peace through strength. so you have to say, one of the prime responsibilities of the federal government is to safeguard our security and our freedoms. the way you do that, you say to yourself, what
and pay no taxes fo yrs. with new jobs, new opportunities d a new tax free plan. there's only one way for your business to go. up. find out if your businessy can qualify at start-upny.com neil: yesterday we discovered a story about how american airlines has quieted ended bereavement fares. flyers who need a last minute flight because of a family member's death now have to pay full price, the media is catching up to sorry "l.a. times" we broke the story first, you viewersa the home,...
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you don't need firemen you don't need any kind of workers you don't need their paycheck you know the taxes because you can just print the bank of england you don't need them there a need and in fact the kind ons you know in america it would have been called the lower middle class most people are thinking that somebody who works at wal-mart or maybe an auto mechanic or something but this is like anybody below the top ten percent can't afford to live in london so they say that by two thousand and twelve an average home in whole sections of london including the city of london kensington a westminster have become completely on affordable to families earning forty five thousand pounds a year net putting them among the top ten percent of all earners in the u.k. the situation has become markedly more difficult for cling ons since then with prices continuing to recover from the two thousand and nine slump. me pumped up with all the money that was taken from the workers and savers and given to the speculators and the profiteers and so what you end up with london as disney world was a very high pric
you don't need firemen you don't need any kind of workers you don't need their paycheck you know the taxes because you can just print the bank of england you don't need them there a need and in fact the kind ons you know in america it would have been called the lower middle class most people are thinking that somebody who works at wal-mart or maybe an auto mechanic or something but this is like anybody below the top ten percent can't afford to live in london so they say that by two thousand and...
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Feb 28, 2014
02/14
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FBC
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and pay no taxes for 10 years. and a new tax free plan. new opportunities there's only one way for your business to go. up. find out if your busins can qualify at start-upny.com neil: we are gettingyou asng this. what is te deal. well, exactly. we have made a segment out of it. a lot of youust can't stop talking out it. your chance to get something off your chest about thehow, the guest, and me. e-mail us or send us a tweet. at the end of the show don'' eat surprised if you hear me responding to you that night. consider thess comments over whether i talk too much on the sh. i never heard you interrupt so much. we already have an o'reilly. so please don't interrupt every guest that you have. and finally th, i'm done with you until you learn to shut up. and at the end of the show i'm going to let you take over. meanwhile, do you need proof that terser plotting the next attack? their gambling online to wander e money they might use for the next attack on th mexican issue. how is it that we know hat they are doing with
and pay no taxes for 10 years. and a new tax free plan. new opportunities there's only one way for your business to go. up. find out if your busins can qualify at start-upny.com neil: we are gettingyou asng this. what is te deal. well, exactly. we have made a segment out of it. a lot of youust can't stop talking out it. your chance to get something off your chest about thehow, the guest, and me. e-mail us or send us a tweet. at the end of the show don'' eat surprised if you hear me responding...
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and i think that's really like for a politician writing the laws and regulations tax rates are. just too much. of a value. welcome to the car as a report imax as are you know a lot of housing is so expensive that even clinger can afford to buy here. for max not the from star trek these are called middle class cling on the headline reads middle class cling ons squeezed out of london property market so the financial times looked at all the recent data from savile's housing market and what they found was that the f.t. findings show how the purchasing power of a wealthy goober middle is increasingly pushing the most desirable neighborhoods out of the reach of middle class cling ons whose salaries have failed to keep pace over the past forty years well the government's going to put them all into the transporter room and beam them onto another planet where you don't need a job to work you don't need food you don't need water you don't need air you just got to get out of there because the policies have created this enormous gulf this enormous split so these cling on justin is like. the
and i think that's really like for a politician writing the laws and regulations tax rates are. just too much. of a value. welcome to the car as a report imax as are you know a lot of housing is so expensive that even clinger can afford to buy here. for max not the from star trek these are called middle class cling on the headline reads middle class cling ons squeezed out of london property market so the financial times looked at all the recent data from savile's housing market and what they...
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Feb 28, 2014
02/14
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>> guest: oh my god but tax on the recreational stuff i think is about 36% and they think that tax revenues for the state in the first year or this year alone will be over $100 million. it's crazy. it's a super high tax. >> host: jeff in spencer. >> guest: that's the other part of this thing and no one is saying hey i'm sorry. it's not stopping anybody from buying the stuff. >> host: jeff and spencer west virginia independent caller, go ahead jeff. >> caller: for full disclosure that was a big toke her for years and i quit about 14 years ago when my son came along. we used to call it natures prozac. there is another side to this. our founding fathers notoriously had pills of marijuana. they grew it for different reasons. i am sure they smoked a little bit but the fibers in the marijuana the actual plant, not the blood are very strong. you can make clothing and paper for books. there is a wide range of stuff that you can use it for and it seems to me this can actually span out into maybe some stoner say hey man lets start making t-shirts and they get a little co-op going this way. this could
>> guest: oh my god but tax on the recreational stuff i think is about 36% and they think that tax revenues for the state in the first year or this year alone will be over $100 million. it's crazy. it's a super high tax. >> host: jeff in spencer. >> guest: that's the other part of this thing and no one is saying hey i'm sorry. it's not stopping anybody from buying the stuff. >> host: jeff and spencer west virginia independent caller, go ahead jeff. >> caller: for...
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Mar 5, 2014
03/14
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KTVU
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the city council asked voters to renew tax. it raises about $8 million a year. >>> president obama unveiled his 2015 budget today. it calls for $3.9 trillion in spending. the president went to an elementary school in washington, d.c. to highlight his plans for increased spending in education. it also includes money for public works, and end certain tax breaks for the wealthy. republicans don't like it. more details on what's included for california. it calls for $37 million to help restore san francisco bay, and the delta. more than $300 million to expand two major border crossings with mexico, but it would cut community block services grants to $30 million from $60 million. >>> new at 10:00, the family of the woman who disappeared from san francisco general hospital has filed a legal claim against the city. lynne spalding was found dead in a seldom used stairwell, more than two weeks after she was reported missing. her family is seeking unspecified monetary damages. a local claim is the first step before a lawsuit. the family'
the city council asked voters to renew tax. it raises about $8 million a year. >>> president obama unveiled his 2015 budget today. it calls for $3.9 trillion in spending. the president went to an elementary school in washington, d.c. to highlight his plans for increased spending in education. it also includes money for public works, and end certain tax breaks for the wealthy. republicans don't like it. more details on what's included for california. it calls for $37 million to help...
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Mar 4, 2014
03/14
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BLOOMBERG
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estate tax but they will not be subject to income tax. you can think about stretching out the payments of that ira after you were gone for the benefit of your children or even grandchildren. that gives a lot more economic value. lives on almost in the form of an ira at the beneficiary of that account, and you have to noted, the beneficiary would receive me be the income and not be subject to the same kind of lump-sum tax. collects you stretch it out over time -- >> you stretch it out over time. >> many of the driving forces is the tax law. part of mentioned as the exercise, you have to get organized and get your paperwork in order so that it is not a scramble at the last minute. >> getting organized is critical. that we understand what your goals are and that requires a good deal of thinking. you work with a lawyer specializing in this area. you become very organized about where your assets are, documenting where they are. you put documents in place. wills, trusts, and powers of attorney. they are very important. living wills so that if y
estate tax but they will not be subject to income tax. you can think about stretching out the payments of that ira after you were gone for the benefit of your children or even grandchildren. that gives a lot more economic value. lives on almost in the form of an ira at the beneficiary of that account, and you have to noted, the beneficiary would receive me be the income and not be subject to the same kind of lump-sum tax. collects you stretch it out over time -- >> you stretch it out over...
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Mar 4, 2014
03/14
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ALJAZAM
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new tax break, the president is proposing an end to an old tax break to the wealthy. that move is projected to garner some $60 billion over ten years. the president is also proposing full-time workers with kids get a bigger tax credit to cover child care costs. he wants to make preschool available for all four year olds. and the tax credit for college tuition, he wants to make that permanent. and proposing funding to upgrade aging highway systems across the country. the plan is expected to help 13.5 million americans. erika pitzi, al jazeera. >>> comes up on al jazeera america, as tensions escalate between russia and ukraine. russia's actions could be undermining its own economy. >>> and when you think of mardi gras you think of one gig -- big party, but for police it is one big headache. ♪ >> al jazeera america is a straight-forward news channel. >> its the most exciting thing to happen to american journalism in decades. >> we believe in digging deep. >> its unbiased, fact-based, in-depth journalism. >> you give them the facts, dispense with the fluff and get strai
new tax break, the president is proposing an end to an old tax break to the wealthy. that move is projected to garner some $60 billion over ten years. the president is also proposing full-time workers with kids get a bigger tax credit to cover child care costs. he wants to make preschool available for all four year olds. and the tax credit for college tuition, he wants to make that permanent. and proposing funding to upgrade aging highway systems across the country. the plan is expected to help...
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Feb 28, 2014
02/14
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FBC
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and pay no taxes for 10 years. with new js, new opportunities and a new tax free plan. there's only one way for ur business too. up. find out if your business can qualify at start-upny.com we are thiers. the job jugglers. the up all-nhts. and the ones who turn idea into action. we've made o passions r life's work. we strive for the moments where we can s, "i did it!" ♪ we are entrepreneurs who started it all... with a a signature. legalzoom has helped start over 1 million businesses, turning drears into business owners. and we're here to help start yours. talked about companies revamping alternate tricia and labels. the fda released a new label with guidelines today. here's the old label that we would all and come to love. here is a new one. okay. this is what we are going to be seen on the shelves from now on. >> you see a big difference between these two labels? >> no, i do not. not especially. >> the calories are a lot larger >> i take a look at these things no matter what. >> to rethink the government should regulate this or food labels? >> yes, you want to be abl
and pay no taxes for 10 years. with new js, new opportunities and a new tax free plan. there's only one way for ur business too. up. find out if your business can qualify at start-upny.com we are thiers. the job jugglers. the up all-nhts. and the ones who turn idea into action. we've made o passions r life's work. we strive for the moments where we can s, "i did it!" ♪ we are entrepreneurs who started it all... with a a signature. legalzoom has helped start over 1 million...
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Mar 4, 2014
03/14
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obama also wants to expand the earned income tax credit. one of the most popular credits for the working poor but a short shelf life. republicans are voicing already their disagreements with many issues. house speaker john boehner says these early details prove the president was never serious in addressing the nation's long-term debt. >>> political news outside washington now. today is primary day in several states which officially kicks off the 2014 midterm season. perhaps, though, the most high profile race of the day is in texas. state senator wendy davis is expected to grab the democratic election for governor. they will see if any way democrats can win in a deeply red state. >>> this morning bad numbers for both parties. nearly 7 in 10 americans say republicans are out of touch with their needs from new "the washington post"/abc news poll put way below markings for democrats. on the issue? democrats hold a slight edge when it comes to helping the middle class and health care policy. voters are split evenly who is best for the economy.
obama also wants to expand the earned income tax credit. one of the most popular credits for the working poor but a short shelf life. republicans are voicing already their disagreements with many issues. house speaker john boehner says these early details prove the president was never serious in addressing the nation's long-term debt. >>> political news outside washington now. today is primary day in several states which officially kicks off the 2014 midterm season. perhaps, though,...